Lifecycle
- Effective
- Last change
Country / jurisdiction: Mexico · Year: 2022 · Status: In force · Level: National · Type: Voluntary
In Mexico's 2022 updated Nationally Determined Contribution to the Paris Agreement, the country recognises the need to reduce economy wide emissions of methane and other short-lived climate pollutants by 30% in order to meet the IPCC target of limiting global warming to 1.5 degrees. The NDC furthermore establishes a target for the oil and gas sector of reducing greenhouse gas emissions by 14%. To achieve this goal, it proposes measures following three branches of action:
the increase of co-generation in gas processing and oil refinement;
the reduction of fugitive emissions from the oil and gas sectors; and
the energy efficiency program in the state owned petroleum company Petróleos Mexicanos and its subsidiaries.
Petróleos Mexicanos' goal of 98% methane gas utilisation is supported by the Gas Utilisation Strategy for Existing Wells (Estrategia de aprovechamiento de gas en pozos existentes) and estimated investments of more than 2 billion dollars.
Official source: https://unfccc.int/sites/default/files/NDC/2022-11/Mexico_NDC_UNFCCC_update2022_FINAL.pdf
Source
https://www.iea.org/policies/17055Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.